Smead Capital Management 13F holdings, Q3 2024
Holdings as of September 30, 2024 · filings on SEC EDGAR · latest filing →
Smead Capital Management disclosed 30 US equity positions worth $7.0bn in its Q3 2024 13F filing. The largest position was LEN at 7.1% of the reported book, followed by DHI and SPG. Against the Q2 2024 filing, it opened 0 new positions, added to 28 and reduced 2 among the top 30 holdings.
What did Smead Capital Management own in Q3 2024? Top 30 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q2 2024 |
|---|---|---|---|---|---|---|---|
| 1 | LEN LENNAR CORP | Consumer Cyclical | 7.1% | $500.0m | 2,666,905 | 3% | added |
| 2 | DHI D R HORTON INC | Consumer Cyclical | 6.8% | $480.1m | 2,516,673 | 3% | added |
| 3 | SPG SIMON PPTY GROUP INC NEW | Real Estate | 6.3% | $442.9m | 2,620,355 | 3% | added |
| 4 | AXP AMERICAN EXPRESS CO | Financial Services | 6.3% | $441.9m | 1,629,480 | 3% | added |
| 5 | MRK MERCK & CO INC | Healthcare | 5.5% | $383.9m | 3,380,469 | 14% | added |
| 6 | AMGN AMGEN INC | Healthcare | 5.4% | $377.9m | 1,172,866 | 3% | added |
| 7 | MAC MACERICH CO | Real Estate | 5.3% | $372.7m | 20,433,449 | 3% | added |
| 8 | NVR NVR INC | Consumer Cyclical | 5.1% | $355.4m | 36,218 | 3% | added |
| 9 | OXY OCCIDENTAL PETE CORP | Energy | 4.9% | $345.4m | 6,700,697 | 3% | added |
| 10 | BAC BANK AMERICA CORP | Financial Services | 4.5% | $314.9m | 7,935,264 | 3% | added |
| 11 | JPM JPMORGAN CHASE & CO. | Financial Services | 4.2% | $297.2m | 1,409,521 | 3% | added |
| 12 | CVE CENOVUS ENERGY INC | Energy | 3.7% | $257.8m | 15,416,146 | 39% | added |
| 13 | EBAY EBAY INC. | Consumer Cyclical | 3.5% | $242.6m | 3,725,760 | 3% | added |
| 14 | OVV OVINTIV INC | Energy | 3.4% | $241.5m | 6,303,203 | 3% | added |
| 15 | APA APA CORPORATION | Energy | 3.4% | $236.5m | 9,667,452 | 3% | added |
| 16 | COP CONOCOPHILLIPS | Energy | 3.3% | $231.3m | 2,196,884 | 3% | added |
| 17 | DVN DEVON ENERGY CORP NEW | Energy | 3.3% | $230.0m | 5,879,516 | 3% | added |
| 18 | HD HOME DEPOT INC | Consumer Cyclical | 3.0% | $209.2m | 516,204 | 3% | added |
| 19 | TGT TARGET CORP | Consumer Defensive | 2.8% | $193.9m | 1,243,928 | 3% | added |
| 20 | U HAUL HOLDING COMPANY | 2.5% | $175.1m | 2,431,771 | 4% | added | |
| 21 | QCOM QUALCOMM INC | Technology | 1.7% | $116.9m | 687,507 | 3% | added |
| 22 | WAL WESTERN ALLIANCE BANCORP | Financial Services | 1.7% | $116.8m | 1,350,195 | 3% | added |
| 23 | BRK/B BERKSHIRE HATHAWAY INC DEL | 1.4% | $97.6m | 211,972 | 3% | added | |
| 24 | FITB FIFTH THIRD BANCORP | Financial Services | 1.4% | $95.3m | 2,224,047 | 3% | added |
| 25 | CACC CREDIT ACCEP CORP MICH | Financial Services | 1.3% | $92.2m | 207,828 | 3% | added |
| 26 | MTB M & T BK CORP | Financial Services | 1.3% | $88.0m | 493,817 | 3% | added |
| 27 | UHAL U HAUL HOLDING COMPANY | Industrials | 0.6% | $42.1m | 543,233 | -1% | reduced |
| 28 | FRO FRONTLINE PLC | Energy | 0.2% | $15.2m | 670,581 | 5% | added |
| 29 | WFG WEST FRASER TIMBER CO LTD | Basic Materials | 0.2% | $11.5m | 118,108 | 5% | added |
| 30 | OCCIDENTAL PETE CORP | 0.1% | $4.5m | 150,860 | -7% | reduced |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.